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Antec Expects to Report Loss
In Quarter on AT&T Delays

By

Ann Carrns Staff Reporter of The Wall Street Journal

Updated Dec. 18, 2000 12:01 a.m. ET

Antec Corp., a supplier of equipment for broadband cable networks, said it expects a fourth-quarter loss of between nine cents and 13 cents a share, due to a recent decision by AT&T Broadband, its largest customer, to discontinue shipments until after the first of the year.

A First Call/Thomson Financial consensus estimate had called for earnings of 14 cents a share. Antec, of Duluth, Ga., now expects fourth-quarter revenue of...